'BLACKPINK' Rosé is negotiating a contract with 'The Black Label'. The Black Label is an entertainment company founded by producer Teddy in 2016.

On the 17th, The Black Label gave a brief statement to 'Dispatch' saying, "We are discussing a contract with Rosé." It is known that a contract regarding personal activities is being reviewed.

Teddy has been responsible for the main production of all songs released by BLACKPINK since their debut. He has released numerous hit songs including ‘Whistle’, ‘Boombayah’, ‘Ddu-du Ddu-du’, ‘How You Like That’, and ‘Pink Venom’.

Team activities will be conducted at YG. BLACKPINK's four members renewed their team activity contract with YG Entertainment at the end of last year. All individual contracts fell through.

Jennie founded and is currently active in her own label ‘Oud Atelier’. Lisa also established ‘Loud Company’ and began her personal activities.

Jisoo joined hands with her real brother. She started her career at ‘BioMom,’ a health functional food brand for infants and toddlers headed by her older brother. He launched a new agency called ‘Bly Soo’.

Meanwhile, members of The Black Label include Taeyang from ‘Big Bang’, Jeon Somi from ‘I.O.I’, and Zion.T. Actors Park Bo-gum and Lee Jong-won also belong to The Black Label.